VivoTech Inc., a Santa Clara, Calif.-based provider of wireless payment software and chips, has raised an undisclosed amount of Series C funding. First Data Corp. led the deal, and was joined by return backers like Alloy Ventures, Draper Fisher Jurvetson and Nokia Growth Partners. FT Partners served as financial advisor on the deal. www.vivotech.com
Pasteuria Bioscience, an Alachua, Fla.-based agricultural biotech company, has raised $5.3 million in Series B funding. LSP BioVentures led the deal, and was joined by return backers Advantage Capital and Gordon River Capital. Pasteuria focuses on products that can help reduce plant parasitic nematodes in agricultural and turf markets.
Karen Jakobi, CIO and co-founder of Pathway Capital, has joined the advisory board of New Enterprise Associates' current fund (NEA 12). www.nea.com
Cavium Networks, a Santa Clara, Calif.-based provider of security, network services and content processing semiconductor solutions, priced 6.75 million common shares at $13.50 per share, for an IPO take of approximately $91.13 million. Morgan Stanley and Lehman Brothers served as lead underwriters. Cavium had originally filed to sell 6.25 million shares at between $10 and […]
NeurogesX Inc., a San Carlos, Calif.-based drug company focused on pain management therapies, priced 4 million common shares at $11 per share ($13-$15 range), for an IPO take of approximately $44 million. Morgan Stanley served as lead underwriter. It began trading on the Nasdaq under ticker symbol NGSX, and closed down around 6.8% at $10.25 […]
EnerNOC Inc., a Boston-based provider of demand response and energy management solutions, has set its proposed IPO terms to 3.75 million common shares being offered at between $21 and $23 per share. It plans to trade on the Nasdaq under ticker symbol ENOC, with Credit Suisse and Morgan Stanley serving as co-lead underwriters. The company […]
Cumberland Pharmaceuticals Inc., a Nashville, Tenn.-based specialty drug company that acquires and commercializes niche products, has filed for a $115 million IPO. It plans to trade on the Nasdaq under ticker symbol CPIX, with UBS serving as lead underwriters. Shareholders include Scout Healthcare Fund. www.cumberlandpharma.com
Delivery Agent Inc., a San Francisco-based provider of shopping-enabled programming and content monetization for entertainment properties, has raised $18.5 million in third-round funding. Bessemer Venture Partners led the deal, and was joined by fellow return backers Cardinal Venture Capital and Worldview Technology Partners. Delivery Agent has now raised $35 million in total VC funding. www.deliveryagent.com
Nixon Peabody has added three corporate finance attorneys: Robert Anderson, Benjamin Lau and Daniel Schmedlen Jr. Anderson will be based in San Francisco with a focus on commercial lending, equipment finance and project finance transactions. He previously was with Buchalter Nemer. Lau focuses on leveraged finance out of New York, and previously was with Mayer, […]
Timothy Milanich has joined Case Western Reserve University as director of private investments. He previously was with National City. www.case.edu